HomeContributorsTechnical AnalysisNZD/USD Close Above 0.6900 Is Needed For Stronger Impulse

NZD/USD Close Above 0.6900 Is Needed For Stronger Impulse

0.6860-70 is the POC zone. A rejection from the POC zone is possible due to strong Weekly trend and H4 alignment. Two trendlines also mark the uptrend and smaller pinbars cue for now moment buyers. Targets are 0.6900, 0.6958 and eventually 0.7019 if the trend persists. Watch for a bounce from the POC zone.

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